2,3 & 4, 15 Orwell Street, Potts Point, NSW 2011

Retail | Offices | Medical

Sold $2,200,000

  • Property ID: 414428
  • Floor Area: 143m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 143m2 N/A N/A
Potts Point Premier Retail Investment Opportunity

Raine and Horne Commercial are proud to offer shops 2, 3 & 4, 5-15 Orwell Street, Potts Point three fully leased and well appointed strata lots for sale in one line via private treaty.

These properties represent the opportunity to acquire rarely available premium retail investments, the shops are currently leased to a national fitness operator as well as proven local restaurant operator on long term leases.

Located within an iconic residential and commercial building, these shops are neighbouring some of Sydney's most iconic eateries, bars and retail precincts Potts Point has to offer, while only moments from the CBD and serviced by excellent public transport.

Key features include;

* Fully leased to two (2) tenants over three lots; KX Pilates and Bang Tang restaurant

* Current gross income: $153,279 + GST

* New leases with options, Three (3%) percent annual increases and excellent guarantees in place

* Building area: 143 Sqm (approx.) of retail space,

* With a 46 Sqm (approx.) of valuable parking (three car spaces) + loading zone

* Well maintained secure Strata building with roof and pool access

* Vibrant location near popular bars, cafe's & restaurants in popular Potts Point

* Minutes away from major public transport and Sydney's CBD

Potts Point Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5631 --- ---
Retail $8101 $500 6.17%
Offices $10571 $659 6.23%
This is the average advertised price, rent and yield for Potts Point, NSW 2011*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×